Size of the house and other cost inflators
bread_n_butter
8 years ago
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Inflation
Comments (22)vgkg said: "Only thing that can reverse this is a Depression, how depressing, but it beats the other option of hyper-inflation that'll kill us all. Like the Wiley Coyote standing on a cloud - the gummit doesn't want us to look down!" I don't know, I was just cruising around and found this-- looks like hyperinflation may come just before a depression. http://www.kitco.com/ind/Ruff/ruff_apr212008.html Hyperinflationary Depression Until now, I have given equal credence to two possible scenarios: We could have several years of inflation as we do now, and the powers-that-be would have a sudden rush of brains to the head, like Paul Volcker and Ronald Reagan did in 1980, and stop the "printing press," ending inflation and the gold and silver bull market, for at least a few years; or It is too late to stop it. The political forces and the Unfunded Liabilities would prevent the powers-that-be from ending the money-printing process, and in fact, would grossly accelerate it. This would result in a hyper inflation (400 percent inflation or more), and the eventual total destruction of the dollar. Suddenly America would find its money totally useless. Store shelves would be empty, gas would go through the stratosphere, and Americans would suffer through the greatest threat since the Great Depression of the Â30s....See Morebrewbeer and others--foundation costs in NE
Comments (2)If the roof over the new space is going to be supported by the breezway, then you will need the four foot frostwall. If beams can be run between the house and the garage, and assuming the garage has the four-foot frost wall, you may be able to get away with less by supporting the roof on the beams, depending on local building codes. Moving a wall three feet out isn't worth it unless you intend to stay put for quite somr time. If you are moving in five years (or less), I wouldn't spend the money on an addition; you won't get it back....See MoreIs inflation affecting YOU?
Comments (37)Took me a while to read the responses, lol.!! REAL life story, right here. I raise horses. Let’s pretend they are cattle, for a moment. I cut and bale my own hay (and pick those bales up off the ground myself, and put them in the barn myself….yes, I have guns!!). After our 2nd spring cutting, the baler came home with a flat that was not repairable. This is a fairly agricultural area, and parts are normally available, even for our old equipment. The tire, however, was NOT to be found, anywhere in the US. Five months of searching, MONTHS. DH finally found one in a junkyard. It is not exactly what was on it, but thankfully DH could do the conversion, and it fits. For our prime hay season, our equipment was out. This means my cows will NOT be fed this winter, or I will BUY hay at a retail price, which is about 3 times the make-it-myself price. I will sell my cows if they are a shippable weight, or I will raise the cost of my cows and hopefully recoup my costs in the spring. If I were to sell them privately, as someone suggested, I WILL pass those costs on directly. This is happening all over. I live south of a Dixie paper goods plant. When wages go up, electricity (the plant’s machinery is run on compressed air, and air compressors run on electricity) goes up, wood pulp goes up because those macines run on diesel…..paper towels, toilet paper, etc., prices GO UP. The conglomerate that owns Dixie will NOT lose money to hold the price down, so we can…you know....See MoreHave your shopping behaviors changed with inflation?
Comments (47)Economics is systems science. Multiple variables, operating at different times and rates, all contributing to the functioning of the system, but not simple one cause one effect situations, so trends take time to develop, evaluate and respond to. The price of gas at the pump is a quick snapshot, but I wouldn't make wild broad policy recommendations based solely on that, anymore than I would use a medical anecdote as the basis of a diagnosis and treatment plan. Over the long haul, I would hardly expect the price of fossil fuels to go down, even though they might fluctuate widely over periods of time due to rising or falling demands. Tech service prices are going to go up, demand is going to continue to rise. I doubt is is going to be totally unbridled, but how to tweak it to make it work for the majority is a really important issue. Again, I've already thought about it and figured out how to maximize the utility I get from media, but I am constantly re-evaluating. So far, public options have proved still to be a very good option, although the delivery system is much more varied. (Public "radio" public broadcasting, public media (which is increasingly digital although I am a lover of old school print on paper that doesn't give off radiation), and public libraries. Trouble has been brewing in the agricultural/food production sector for years, (the disappearance of local and regional brands and the domination of a few multinational companies, for example) but the "nothing to see here, nothing wrong here" drumbeat marches on for those who either don't want to change or are profiting from the system. A "profitable" agricultural system doesn't mean long term agricultural resources are being conserved, well paying careers are being sustained, or people have easy access to healthful food or that agricultural largess is evenly distributed. Never has been this way, and is becoming increasingly concentrated. Again, the lack of diversity is a red flag that for some of us portends potential problems downstream . . . GDP says nothing about what is being produced or how it is being distributed. So it can rise even if the economic activity only benefits a few. Stock market gains for example. I can only imagine when the propped up stock market starts to readjust how that is going to affect all us Boomers retirements. Again, I've thought about it an am now trying to figure out how to position myself ahead of time to be as resilient as possible, what actions I need to take. The real ponder for me is how to prepare for and mitigate the changes I know are coming as fossil fuel politics becomes increasingly prominent. (As if they weren't prominent enough already). I wonder what resilience is going to look like 25 years from now if I make it to 87 like my Mom did. I certainly won't be one of the strong ones necessarily, I'll be one of the weak and vulnerable at that point . . . I think the time to plan for economic hardship is way, way before it smacks you in the face . . . One helpful hedge against inflation is to not buy new stuff . . . I haven't totally suffered because I have dialed down my consuming already . . . and I have plenty of maintenance tasks with what I already have to keep my mind occupied instead of "retail therapy" and going out to entertainment venues . . . Edited to add that if someone wanted to take on an extra job to help pay for rising cost of consumer goods, there are no shortage of help wanted opportunities . . ....See Morebread_n_butter
8 years agomrspete
8 years agoomelet
8 years agolast modified: 8 years agomushcreek
8 years agoVirgil Carter Fine Art
8 years agobread_n_butter
8 years agomrspete
8 years agochisue
8 years agolast modified: 8 years agolexma90
8 years agoartemis_ma
8 years agolast modified: 8 years agotoriat
8 years agoD. L
8 years ago
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